by | May 3, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, World |
Above, from left, Alexander Vaughan, Kevin Sing and Kevin Singham With all the hullabaloo these days concerning residential real estate sales in America, including buyer-agent commission worries, continual legal proceedings and more, what’s going on in other...
by | May 3, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Opendoor, the largest and oldest iBuyer, is still struggling to adjust its business model to a more restrictive, sluggish market but is carefully watching the recent National Association of REALTORS’® (NAR) settlement as the company ramps up home purchases and looks...
by | May 2, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Despite ongoing legal woes and a drop in agents, virtual national brokerage eXp reported year-over-year revenue and profit growth in its Q1 2024 earnings call on Wednesday. Transactions also increased 8% to 110,976 year-over-year, the company reported. “During the...
by | May 2, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
At the end of 2023, Zillow pointed to the consistency of its earning results to paint a rosy picture of the company’s future. Reported revenue was up year-over-year in Q4 2023 ($474 million), though there was a net loss of $74 million, about the same as the year...
by | May 2, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year...
by | May 1, 2024 | Agents, Consumer, Industry News, Latest News, Lead Story, National, News, Premier |
HomeServices of America, after paying $250 million to settle seller suits and being dropped from the largest buyer suit, for a few short days was maybe the only large real estate company not directly facing commission litigation. That changed Monday, when lawyers...